Full Confession
You may think that the current stock market swoon has to do with the economy slowing, the messy aftermath of the debt ceiling crisis, or disappointing job numbers.
But I know for a fact that that’s not it.
It was me.
“Ross Kaplan, Contrarian Indicator”
Two weeks ago, I took a maturing CD from my bank, which deigned to pay me .016% for the privilege of parking my (modest) deposit there, and switched into a broad-based, stock market index fund.
Sorry about that.
At least I’m taking responsibility.
